Velarion Records

Short-term acute care hospital · Greeneville, Tennessee · 140 beds · CMS certification number 440025

Laughlin Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2019, settled, stamped by CMS August 30, 2022. 23 years on file, every one shown below.

Fiscal 2019 at a glance

Net patient revenue
$51.2M
$51,233,695 · G-3 line 3
Operating expenses
$57.9M
$57,861,891 · G-3 line 4
Result from patient care
−$6.6M
−$6,628,196 · G-3 line 5
Margin on patient care
−12.9%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $35.3M in its first year on file (1997) to $51.2M in 2019.
  • Its result from patient care: −$15.1M (2017), −$8.3M (2018), −$6.6M (2019).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2019.

Every statement is drawn from figures on this page; nothing is estimated.

23 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled
$35.3M
$30.9M
1998
settled
$37.0M
$33.5M
1999
settled
$37.4M
$35.6M
2000
settled
$39.5M
$37.9M
2001
settled
$43.8M
$42.7M
2002
settled
$48.3M
$47.3M
2003
settled
$51.8M
$50.8M
2004
settled
$55.3M
$51.9M
2005
settled
$56.6M
$54.7M
2006
reopened
$58.7M
$58.2M
2007
reopened
$63.3M
$63.5M
2008
reopened
$68.5M
$73.2M
2009
reopened
$66.0M
$72.7M
2010
reopened
$68.6M
$72.3M
2011
reopened
$68.3M
$70.1M
2012
reopened
$68.2M
$76.2M
2013
reopened
$62.0M
$72.4M
2014
reopened
$63.9M
$73.3M
2015
settled
$64.0M
$74.6M
2016
settled
$66.1M
$72.8M
2017
settled
$63.0M
$78.1M
2018
settled
$67.7M
$75.9M
2019
settled
$51.2M
$57.9M

Beside its peers

Short-term acute care hospitals in Tennessee with 100 to 199 beds, each on fiscal year 2019.

HospitalBedsNet patient revenueOperating expensesMargin
Laughlin Memorial Hospital140$51,233,695$57,861,891−12.9%
Indian Path Community Hospital, Kingsport148$83,235,934$89,565,690−7.6%
Highpoint Health - Winchester With Ascension Saint Thomas, Winchester128$101,862,624$95,288,5646.5%
Saint Francis Hospital - Bartlett, Bartlett156$142,704,439$123,219,43013.7%
Tristar Hendersonville Medical Center, Hendersonville129$168,155,521$119,714,15428.8%
Vanderbilt Wilson County Hospital, Lebanon170$56,789,948$60,306,938−6.2%

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Tennessee

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2018.ZIP, form CMS-2552-10, filed under CMS certification number 440025.

How this page was built: the CMS Medicare cost report, file HOSP10FY2018.ZIP, read August 30, 2022.